11 Quotes by Jason Ader

Right now, I think Hilton has clearly put a wrench in the process by offering $70 per share.

I wouldn't be surprised if we are talking about an offer from Harrah's on Monday. The real question is, who can get the most synergies out of Mirage's business? I still believe MGM is the best match.

MGM is very deliberate. They are not going to do a deal that isn't immediately accretive to earnings per share. Harrah's, on the other hand, has done deals that aren't accretive.

We're all looking at Disney's numbers and particularly what they said about weakness in the current quarter and it's got the investment community spooked about a decline in demand overall.

We definitely expected more consolidation in the industry, although it is always hard to imagine a deal of this magnitude. Mirage's management has underperformed and the stock has languished recently, making it a great opportunity for MGM Grand. But this will have to be a friendly deal if it has a shot of working.

We believe management continues to explore strategic alternatives, including potential acquisitions and joint venture opportunities, and as a result, we expect WMS to participate in the consolidation of the equipment industry over the next 12 months.

They don't have the ability to get the synergies out of this that MGM does, particularly at the high end.

It's a very exciting deal that's good for Mirage's shareholders. This will change the face of the gaming industry.

They believe in their heart of hearts that their comprehensive plan is going to do more than Hilton's $70 per share.